EURUSD Daily Forecast: December 04

About Setyo Wibowo:

Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own.
Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

EURUSD Forecast
The EURUSD had a bullish momentum yesterday topped at 1.3074. The bias remains bullish in nearest term still testing 1.3100/70. Immediate support is seen around 1.3025. A clear break below that area could lead price to neutral zone in nearest term testing 1.2980/50. Key intraday support remains around 1.2885 and my medium/long term outlook remains unclear/neutral.

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